>> it's stupid for the american government to require us to fully educate people with phds, and ship them out of the country and it takes american jobs away. >> "your money" starts right now. >> cars that drive themselves and balloons that provide internet access to the most remote corners of the earth, and the search engine so popular it's a verb, google. and showing off the latest foray into your digital lives. a digital phones that listens to you. we wanted to know how the chairman of the massive company would change the course here at home. of course it has 11.5 million americans out of work, and 14%

unemployed, and most frustrat g frustrating, this comes at a time when leaders in technology like eric schmitt says they have the jobs but can't find workers capable of filling them. >> they are not producing quite the right people. there is plenty of jobs for sophisticated manufacturing and some form of vocational training that is high-end and learning how to run numerical controlled machines and these sorts of things, and they are all in short supply. gas production and energy, and technology, it's being held back by the lack of americans that can do this. the way to fix this is to fix education. more competition and chases and more access to the internet and so forth. >> at what point will it ever be just not on the margin that we are making high-tech things in the united states but there will be a manufacturing resurgence of consumer tech of big, big numbers of jobs? >> it's going to be hard for the

high volume commodity stuff to get stuff in the u.s., because frankly it's easier to be done in the lower wages, and those are not the high value jobs anyway. that's the great story about american jobs. it's dependant upon education and more investment in the industries. we can do this. >> tell me about the immigration part of the debate, because you said here we have the trend in america where we bring the bettest and brightest from around the world, and we educate them and say thank you. >> we don't call them aliens but customers. america is such a large native market that adding more customers makes us better, more people to build things and invent things and people to actually man the factories and it's particularly stupid, sorry, particularly stupid for the american government to require us to fully educate people with phd's, and ship them out of the

country and take american jobs away. >> you have to keep people with great skills and great educations that can start businesses here and you have to do a better job making sure you are raising people with those skills, and we are not doing both of those things. >> the easiest thing to do now is to keep the high-tech people in america so they don't create competitors in other countries and they create jobs and corporations here, and they can do that in a second and it chanjust takes a change in law. >> we have a phone that will be always on, and google, which basically maybe knows what i am going to ask before i ask for it, and it finishes my search request and knows everything going on in my household. how has the privacy story changed? sha i be concerned about how much you know about me? >> we have had this question for more than a decade at google and our answer is always the same.

we have control over the information we have for you, and you can search anonymously, and you can choose not to give us this information, but if you give it to us, we can do a better job of getting services for you, and the services naturally collect this data and we forget it after a while. >> and that's true, the consumer opes into the service, and if they want to have the hands free experience, they train the phone so it listens to them and their trigger word and then responds to what they are asking. >> so much to the story is the negatives of too much information and the privacy of your information, and at the same time, some of the things that we do, google, for example, the cdc, you can work with the cdc to see search results for flu symptoms, and there is a broader good for being able to analyze vast amounts of information even if you don't know who that information is from? >> i think good judgment

matters, and if you don't want to participate you don't have to, but if you do you get the benefit of taking a look at what is going on in the world, and your searches get better, and you still know a lot about what you are doing that google doesn't know, and it's fine. we help you, but our job is to make you more productive. >> let me ask you a question that i ask people that had a company that just exploded, and google is a verb, and google is in every home and google is google, and will there be a business move -- what is the next act? >> we hope the next act of google is google. and google is going from a search to try and help you. think of it, with your permission, if we can anticipate the things you might want to know or some of the questions you may have, we just make you smarter. we want to go from you telling us what you want to know to us

suggesting things that you might want to know that might make your life better. >> one of the things google knows about you is the shape of your hands. this phone's shape is based on 20 years of research on hands. yes, 20 years of hand research, and how it feels. i got the inside scoop on the new phone, and more about the phone, visit our blog. google is hoping to make money off the phone, of course, but what about you? companies like google and facebook and apple shaping our society. and then hard core deals at the store in detroit. >> i will give you the whole package, everything included. golf clubs and a crowbar, and $800 altogether. >> sounds good. >> thank you very much. >> i will have my guys write you up. >> joining me on the streets of new york for a lesson to try and get the best price on everything. if you have not asked your boss for a raise, watch this before

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when captain kirk flipped over his kphaoucommunicator 45 ago, nobody imagined we would be doing this today without thinking about it. that's what technology does, what was unthinkable becomes the new normal. these are disruptive tech giants of this generation. they changed the way we communicate, learn, search and share. and they have built massive businesses and economic ecosystems around them, and investors who bet on the disruptive power of technology, they have been on an interesting

ride so far this year. the tech heavy nasdaq is up. and google's shares out paced those gains, and google up 25%, and apple had a sour year, down 15%. and facebook may have finally finally hit its stride. let me bring in zane asher. there is a lot of buzz about facebook, and nay sayers have changed their mind. >> yeah, a comeback for facebook, and it doesn't know how to shift to mobile, and it caught the company off guard. and the stock moved like a roller coaster, and we saw revenue up in second quarters, and then advertising was up and that was key. take a list yep. after slightly more than 14 months, investors who bought stock at $38 a share broke even. it was supposed to be a home run, a can't miss investment for the few that were able to get in

on the ground floor. but within days the stock had sunk, but since then mark zuckerberg got married and dipped his toe in politics and the facebook comeback accelerated last week after the second earning report exceeded all expectations, and shares surged 40% since the release, since the ipo, the company moved to move ads from the side of the page and into the news feed, making them more mobile friendly. >> people are seeing the ads the same way they see the friend's updates, and that has gotten a lot of great responders for advertisers. >> and how successful they are depends on the users. a year ago facebook was getting

less than 15% from the revenue from the mobile users, and today it's 41%, enough to turn one of the biggest facebook nay sayers into a share holder. >> i was one of the harshest critics, and saying to stay clear of the stock, and however, as the company changed it then became an attractive stock. >> new developments including plans for a gaming platform and video ads announcements this week kept them going. >> it's a stock i want to continue to watch. growth is accelerating and it's one of the leaders of social networking. >> it's interesting, and it only hit $38 a share on wednesday briefly, and then it pulled back and closed the day at $36.80. so there was a feeling that some people have been waiting an entire year to break even may have, may have decided to sell. >> the first year is when a

company proves itself and you don't know what is under the hood until you see the car drive a little on the freeway, and that's what we have seen in a year here, and that's something matt pointed out a long time ago, and there are a lot of people that did not get the ipo price but something much higher, and there are some people that got in over the course of the year and those people are up and they are holding facebook right now. >> september, it was $17 a share. >> if you brought it at $38 you were crying last september. $20? >> how much would you take for three of them? >> $60. >> no deal? no deal? >> no deals on the t-shirts. >> no deals on the t-shirts. i have three of them right here, and we did not pay $60 for them, and we did not pay $40, and that was not our best deal. the secret to getting the best price on everything.

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are you a good negotiaor? aside from buying a car or bargaining at a flee market, negotiating is something many don't have much experience with, but it's something everybody can use to save money. less gold of hard pond showed me his skills, and pay attention, strong negotiating chaps can get you deals everywhere and can help you get a raise at work. i am here in new york, and i am here with the man that knows how to make a deal and get a deal, and he will teach me street economics. i have real money from cnn, and thank you cnn, and we are going to go and learn how to spend it. >> let's go. >> hi, how are you? >> how are you, i am christine. nice to meet you. >> we don't mean to bother you

while you are on the phone. how much would you take for the bracelet, cash? >> 20. >> that's it? you won't take $10? >> no. >> $14.50. >> okay. >> there you go. >> gracias. >> and the value of everything is how much are you going to reach into your pocket and pay. if i was going to give you a gift today, what present would you like? >> let's say, okay, let's say this necklace. >> how much are those? >> $40. >> why? what are they made of? >> that's a metal, gold plated. >> 20 is the best deal? you wouldn't take 10. >> give me 15 and you take it. >> i will give you 10 bucks and i will take it right now. >> 15. >> not worth it. >> ten bucks? you are making a mistake. >> okay, thank you. >> thank you very much.

>> know when to walk away from a deal. there was confidence. you asked a few questions and you were ready to walk away. sometimes in negotiating, it's hard to be confident. >> that's the key, and that's what i stress in my book. be confident. make sure you understand, that emotion, i was not in love with it, it was a nice piece, but be able to walk away. >> you have it in your blood. how do you become a better negotiator when you go to your boss, for example, and you are asking for a raise. >> don't be afraid. >> do you give the first number? >> you. because how can a boss judge? you have to have the understanding, nobody is going to give you anything unless you ask for it.

>> what's the best deal we can get? >> six of them? i can go to 35. >> how about 25? >> 30. >> 26. >> $28.50. >> i'm not that hungry. >> $26. >> here it is. we've got a little bit of money left. >> okay. >> got a little bit of money left. starting to rain. >> show me what you like. >> well, t-shirt. >> how much are your t-shirts? >> american apparel. made in america. they're silk screened by a friend of ours in brooklyn so it's all american made so they're $20. >> wow, $20. how much would you take for three of them? >> $60. >> no deal? >> no deal. >> even if we pay cash? >> no deal on the t-shirts. >> why? >> they're made by a friend of his. >> can your friend make more?

>> he can, yeah. >> if you want three -- >> i'll take three. >> we could do $45. >> still a lot of money. how about $35? $35 for three? i'm not talking to you. >> he's the negotiator. >> how about 35 bucks i'll take three of them. >> we can do $40. >> split it with you $37.50. >> all right, $37.50. >> you got a deal. we got three of them. >> perfect. >> sold. thanks, guys. >> if we had paid the starting prices for everything we bought, it would have cost us $128, but we paid only 68 bucks. hard core pawn airs tuesday at 9:00 p.m. on true tv. if you want more advice from les, his new business is "for what it's worth." solid tips on facing your fears and negotiating. it's a hot summer. i will show you where the

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162,000 jobs added in july. economists had predicted a higher number, and revisions show 26,000 fewer jobs created in may and june. the unemployment rate dropped to 7.4%. that sounds good but it's because 37,000 people dropped out of the labor force. the u.s. economy lost about 9 million jobs during the recession and has gained back now about 7 million. but we know the jobs that are coming back aren't the same as the ones we lost. look at the sectors with the greatest growth. it's so interesting. you can see retail jobs, leisure and hospitality. some of these jobs are jobs that do not create the kinds of wages and give the kinds of hours that we're used to. the labor force participation rate now the lowest since 1978. what does that mean? it means that people who are actually engaged in the labor market, the people who are working or looking for work is the lowest share since 1978. that's something we have to fix.

the jobs report was the big headline this week, but there were some other important story that is matter to your money. let's put 60 seconds on the clock. it's money time. >> americans today are working less than their patients, thore not necessarily by choice. the reason, the rise of part-time jobs. back in the 1860s a manufacturing worker logged 62 hours a week. today in china that's almost exactly what an apple worker puts in. apple's subcontractors don't always way the workers for their overtime. apple is sending a team to china to look into labor conditions and those overtime claims. china labor watch says workers report all that unpaid overtime to make a budget-friendly iphone. apple blogs buzzing over this iphone 5c case. new york's soda ban has gone flat. a court upheld an earlier ruling

preventing the ban on huge sugary bans from going into effect, but americans might be breaking that soda habit anyway. new sales numbers from coca-cola, pepsi, and dr. pepper show soda sales down last quarter. >> one area of the economy that's definitely not flat, housing. take a look at this. it is a good time to sell because home prices are rising. over the past year the 20-city case-shiller index is up a whopping 12%. the biggest gain in seven years going back to march 2006. here are the hottest markets where we're seeing the biggest uncreases. prices are up 20% to 25% in some of these towns, and you can see. look at las vegas, up 23%. phoenix, up 20%. atlanta, up 20%. now, these are some of the cities with the biggest real estate bubble pops. all real estate is local. when you look at new york, prices there up more like 3%, so some big variations throughout the country. definitely depends on where you live. let's take a look at this. this is another really

interesting point because you are not back where you started. a lot of people saying, wait, this housing recovery is not really benefiting me. you're right. if you bought a house between 2004 or '05, '06, '07, you are still 20% to 30% below the peak. mortgage rates have been climbing prerecently. 4.39% on the 30-year fixed rate. the average since world war ii is 6.5%. rates are still historically low. they should continue to climb the next year or two years. this is still a good time to refinance and still a good time to buy. on a brand yu "your money" at 2:00 p.m., which one of these people is the most important person in the world when it comes to your money? president obama, warren buffett, donald trump? guess what? none of the above. find out the answer on a new "your money." first, the backlash against russia and the new anti-gay

laws. could gay athletes be prosecuted there. hear about one athletes plans to participate out and proud in those games. that's coming right up cnn in the "newsroom." 21 embassies and consul lats is a lot. this is really sending a message we're under serious threat. >> americans be on alert. that's the warning from the u.s. government as they plan a massive embassy shutdown and issue a worldwide travel alert. our presence in russia will do nothing but help fight this law. >> a new law targeting gays in russia sparks confusion and fear as that country prepares to host the winter olympics. now, some american athletes are taking